Off-Topic

[kkooks]

Some nice shitstorm happens here.
We are where we are.
If TH made that they said, they done all perfect.

Avalon clones from china, which i seen link here before in thread is scam,
there are also mistical customers from Spain who got chips apart from Zefir B1, but maybe it's just urban legends.
gen2 will not arrive in september, then another 8-10 weeks lead time.

Question is in chips only

Correct me if i'm wrong

Thanks

We seem to be making progress with project management issues--

Terrahash-- please work to close out the open issues that your company is responsible for before 8/15.
Should you fail to complete those obligations by then, my project management skills wont help your case beyond that date.
1. PSUs (open ETA TBD)
2. Cases (open ETA TBD)
3. Head Sinks (open ETA TBD)
4. PCBs (open ETA TBD)
5. Board BOM (closed)
6. Avalon (closed)

If you cannot meet the 8/15 date, be sure to issue a Force Majeure letter to your customers immediately as well.
This will help your case in court when you fail to deliver.

Also, in your Force Majeure letter, include the option for your customers to opt for a partial shipment (if case + psu was ordered). Include basic visual installation instructions for when the completed, fully populated boards are delivered so that your customers can DIY. Cost of shipment should be footed by your company at 100% obviously but you will recover much more in labor, time, and public relations.

lol simple things like this? It is pretty obvious these terrahash people are amatures...

[southerngentuk]

I think the deal with this stuff is that TerraHash and Avalon, etc. don't want to give people information, especially bad information because they fear that people are going to pull out and they don't want to be left hanging. So they don't update anyone with the bad news, they just play it off over and over again. "Don't tell them x, y, z, because that might scare people off, just tell them this... or nothing at all."

This is what happens when you try to sell something you do not have..

Am so over all this pre-order sh*T

[ak49er]

.... innocent piss poor project management.

Now this could actually be true.  Add to it being underfunded and you could easily see how a company could get themselves in to this kind of predicament.  Which if course is a sensible alternative to the suggestion that they're out to intentionally scam people.

[erk]

This is what happens when you try to sell something you do not have..

Am so over all this pre-order sh*T

That's about the best summary I have read so far.

+1

[MinermanNC]

It is far from clear cut that they wouldn't have been able to meet the original delivery date.  Ever hear of JIT manufacturing?  If you know Avalon chips are going to be delayed you don't order PSUs or any other components that are on a quick turn around.  If you know you've got an X week lead time on cases you don't order them until X weeks before you need them.  If you're expecting the first batches of chips in a month and your prototype board isn't quite ready then you take a gamble on being able to get it ready.  That's still not clear cut that you won't meet the delivery date as promised.

How could they have known the chips were going to be delayed? We supposedly didn't find this out until Yifu posted some blurbs on a blog. TH was supposedly operating on the same information that we were, which was that the chips would arrive 9-10 weeks after placing the orders.

They were delayed long before that announcement.  Maybe they were waiting on a shipping notice that never came.  Maybe they were waiting on delivery to their doorstep.  Maybe they're clairvoyant.  Whatever their reason for not ordering the components you cannot say that there was no way for them to make the delivery date, and call them charlatans and liars, any more than I can say with certainty that they would have, and that they are God's angels sent to deliver us Bitcoins.

I'm just anti-speculation based on false logic.  That's all.

No, none of this is possible. If they were waiting on delivery that would have only given them two weeks, well there is stuff they ordered weeks ago that won't come in until next week or the week after. They must have known there was a delay or they simply weren't able to meet the delivery date. If they knew there was going to be a delay, they should have stated: "it has come to our attention that there will be a delay in the chip shipments by approximately 2-3 weeks, etc."

Vigil, I really think your reading way to much into terrahash's side of things,,,your trying to peice together a puzzle or something that just isn't really there at the end of the day, you should focus all that investigativeness on finding yifu and our chips,,,TH will be ready when its show time. I fully understand them not ordering every possible thing, when all of us know including  TH, that there never ever has been any certainy in getting bitcoin asic chips,,BTC is not a guaranteed event each day, it could collapse today,,then what? From a business perspective I would do the same as TH till I see the plane landing and my chips being unloaded. Thats just good business bottom line sense,,, a little thing called preserving your on hand cash and cash flow if ya have any left!

[ak49er]

.... innocent piss poor project management.

Now this could actually be true.  Add to it being underfunded and you could easily see how a company could get themselves in to this kind of predicament.  Which if course is a sensible alternative to the suggestion that they're out to intentionally scam people.

Or it could actually be very good project management.

• From the outset Terrahash was building this business on pre-orders, namely the order from Cloudhashing.
• When that fell through and they had to refund the money they had spent on chips, they opened up pre-orders to you suckers the general public.
• Knowing that without chips from Avalon they wouldn't have a product and would have to refund people, they didn't overextend themselves buying components that they'd get stuck with.

Just give me a couple more beers and I'll figure out this whole JFK thing next.

Edit:  MinermanNC beat me to it.  Bet he can't figure out who really shot JFK before I do though! 

[kkooks]

.... innocent piss poor project management.

Now this could actually be true.  Add to it being underfunded and you could easily see how a company could get themselves in to this kind of predicament.  Which if course is a sensible alternative to the suggestion that they're out to intentionally scam people.

it is a scam when they tell ya they spent all the monies already for your orders and come to find out they werent...

ethical issues are surfacing...

up to now a refund wasnt an option until a couple hours ago (when this fact surfaced)

[MinermanNC]

.... innocent piss poor project management.

Now this could actually be true.  Add to it being underfunded and you could easily see how a company could get themselves in to this kind of predicament.  Which if course is a sensible alternative to the suggestion that they're out to intentionally scam people.

Or it could actually be very good project management.

• From the outset Terrahash was building this business on pre-orders, namely the order from Cloudhashing.
• When that fell through and they had to refund the money they had spent on chips, they opened up pre-orders to you suckers the general public.
• Knowing that without chips from Avalon they wouldn't have a product and would have to refund people, they didn't overextend themselves buying components that they'd get stuck with.

Just give me a couple more beers and I'll figure out this whole JFK thing next.

Most have, and do now build business based on preorders?  Including yifu and avalon....pay before they are made"  ? and yes they (TH) did have to refund cloudhashing, but i beleive had already used their money to place orders for chips,,,then cloudhashing got cold feet and wanted to bet on another horse,,well look were that got cloudhashing so far,,,they ain't got crap for mining gear yet, right now its a joke, they send out encouragement letters all the time,,I get em in my email lol,,,,In my opinion, they helped set Terrahash off on a bad footing, no fault of their own,,,mostly ok,

[kkooks]

"Divulging information that no professional company....?"

WTF is this?

Do you seriously think that Terrahash is under any obligation to post pictures of POs?  Or even parts come to that?  Or to discuss any negotiations they may be in with any supplier for any parts large or small?  Whether said supplier is on time or late?

Either way it makes no odds to me, as I chose not to pre-order.  They still look like the best bet if they ever manage to get some in stock, and that's when I'll buy.

Uhhh... you didnt buy anything and you are defending their stellar performance thus far?

Great. We clearly know you have the best at heart for all parties.

To your points... I agree. But if we didnt start asking these questions, we would not have known how to help terrahash with their mess.
It is clear cut that they could not have met the obligations to deliver on time even if the Avalon chips arrived a month ago.

If you read terrahash's post a few moments ago, you will find that he is still far behind from getting the Raw BOM pieced together.

Also... not to inflame old discussions again but... he still hasnt been able to get even a single Klondike to hash at the advertised rate.

... which is why i am saying we still have many problems we need to focus on trying to level up Terrahash in order to dream of ever seeing our orders...

Excuse me? what do you mean they havent got a klondike to hash? where you been hiding under a rock? they were first to achieve just that,,,even before BKKcoins had a full k16 running/hashing...not sure where you are getting your info from....?

brother... calm down and see things for yourself...
http://www.youtube.com/watch?v=GOZ22GfUdzs

Ive been asking for a newer one remember? Hoping to see improvements...
Last anyone saw was that it was at 4Ghash with tonns of HW errors... the male PCIe wasnt even pinned out

Just FYI

are we gonna ignore the elephant in the room?

[ak49er]

are we gonna ignore the elephant in the room?

There's an elephant in the room? 

[MinermanNC]

well I am just about to hit another 700 Feathercoins, so you know what that means   a BTC in the ol wallet coming right up! lol

[MinermanNC]

are we gonna ignore the elephant in the room?

There's an elephant in the room? 

ya you don't see it? lol

[MinermanNC]

"Divulging information that no professional company....?"

WTF is this?

Do you seriously think that Terrahash is under any obligation to post pictures of POs?  Or even parts come to that?  Or to discuss any negotiations they may be in with any supplier for any parts large or small?  Whether said supplier is on time or late?

Either way it makes no odds to me, as I chose not to pre-order.  They still look like the best bet if they ever manage to get some in stock, and that's when I'll buy.

Uhhh... you didnt buy anything and you are defending their stellar performance thus far?

Great. We clearly know you have the best at heart for all parties.

To your points... I agree. But if we didnt start asking these questions, we would not have known how to help terrahash with their mess.
It is clear cut that they could not have met the obligations to deliver on time even if the Avalon chips arrived a month ago.

If you read terrahash's post a few moments ago, you will find that he is still far behind from getting the Raw BOM pieced together.

Also... not to inflame old discussions again but... he still hasnt been able to get even a single Klondike to hash at the advertised rate.

... which is why i am saying we still have many problems we need to focus on trying to level up Terrahash in order to dream of ever seeing our orders...

Excuse me? what do you mean they havent got a klondike to hash? where you been hiding under a rock? they were first to achieve just that,,,even before BKKcoins had a full k16 running/hashing...not sure where you are getting your info from....?

brother... calm down and see things for yourself...
http://www.youtube.com/watch?v=GOZ22GfUdzs

Ive been asking for a newer one remember? Hoping to see improvements...
Last anyone saw was that it was at 4Ghash with tonns of HW errors... the male PCIe wasnt even pinned out

Just FYI

are we gonna ignore the elephant in the room?

Yes I do remember you saying and asking for that. But TH did also, make a post reassuring you and us, they will be printing the new boards ,so have they ran production on the new board(s) probably not, but i have the utmost confidence in their engineers and resouces in the bay area, that they will in fact produce a working new revised board for us

[atomicchaos]

well I am just about to hit another 700 Feathercoins, so you know what that means   a BTC in the ol wallet coming right up! lol

Nice.

My miners are already back to Litecoin.

[kkooks]

The five stages of grief are:

1-Denial
2-Anger
3-Bargaining <-- Im here today
4-Depression <-- 8/15
5-Acceptance

Where are you?

[fasmax]

Since the new PC board hasn't been tested yet we can't be 100% sure its going to work with out some changes.
It sure would have been nice if TH would have bought 1 or 2 new PCB's a couple of weeks ago and tested it so they would be sure its ready for manufacture.

[syncer]

if someone forgot,
BkkCoins blessed TH for all this stuff.
keep calm, TH will have PCB design from creator, just think that there are no reasons for panic about that.

If Gen2 will happen, klondike will be upgraded for sure in such case.

My wondering is only related to Avalon part, just like casino.

[fasmax]

Seems like TH should test the latest PCB since they are the ones with the resources + pick & place equipment.
Also they should have received 60 Avalon sample chips.
Who knows maybe they have already tested the PCB and keeping the results secret.

[erk]

Seems like TH should test the latest PCB since they are the ones with the resources + pick & place equipment.
Also they should have received 60 Avalon sample chips.
Who knows maybe they have already tested the PCB and keeping the results secret.

Terrahash have already demonstrated their board running

http://www.youtube.com/watch?v=CBqWftIsLMI

[kkooks]

Seems like TH should test the latest PCB since they are the ones with the resources + pick & place equipment.
Also they should have received 60 Avalon sample chips.
Who knows maybe they have already tested the PCB and keeping the results secret.

Terrahash have already demonstrated their board running

http://www.youtube.com/watch?v=CBqWftIsLMI

they were failing to reach 4.5ghash and had tonns of hw errors. This is embarassing...